420 with CNW Archives - Page 310 of 315

FridayOct 26, 2018 4:20 am

420 with CNW – California Proposes Tough Changes to Marijuana Regulations

The Bureau of Cannabis Control, together with the Department of Public Health and the Department of Food and Agriculture in California have released an updated draft set of rules that will form the permanent regulations which will govern the cannabis industry in the state. The public has been invited to provide its input to that draft so that the regulators can finalize the document in early December. Public comments will be received until November 5. Experts say the draft contains a number of “bombs” that will have a major impact on the way the industry operates. For example, the draft…

ThursdayOct 25, 2018 4:20 pm

420 with CNW – Canada Hit by Shortages after Cannabis Legalization

As had been predicted by analysts, supplies of recreational marijuana could not meet the massive demand for the product even for the first day when retail outlets opened. The shortages did not discriminate between online stores and brick and mortar outlets since both were equally hit. Long queues could be seen outside the retail stores as clients waited to enter the premises and buy cannabis to celebrate legalization day. However, many people were turned away as the stores sold out everything that they had stocked ahead of the opening day. It isn’t known how quickly these shortages will be resolved.…

ThursdayOct 25, 2018 4:20 am

420 with CNW – Poll Suggests North Dakota Will Legalize Marijuana Next Month

A new opinion poll in North Dakota is suggesting that those in favor of legalizing recreational marijuana will take the day when the matter is voted upon during the midterm polls next month. This ballot measure comes after the state legalized medical marijuana two years ago and implementation is set to start next year. Measure 3 is expected to legalize cannabis for adult use without any limits on how much marijuana someone can possess or grow. The minimum age limit for this adult consumption has been set at 21. The measure also seeks to expunge all marijuana convictions and protect…

WednesdayOct 24, 2018 4:20 pm

420 with CNW – Congressman Releases Plan to Decriminalize Marijuana After Midterm Elections

A leading Democratic Congressman has revealed his plan to get legislation passed to end cannabis prohibition in case the Democrats take control of Congress after the midterm elections. Rep. Earl Blumenauer echoed the sentiments of many around the country when he said that Congress was currently disconnected from the wishes of the different states and citizens around the country on the subject of cannabis. He therefore sees the November polls as an opportunity for the Democrats to change that situation in case they get a majority in the House. Analysts believe that there is a big chance that the Democrats…

WednesdayOct 24, 2018 4:20 am

420 with CNW – Ohio Still Unsure How Medical Cannabis Cash Will Be Safeguarded

A lot of cash is expected to flow when Ohio legalizes medical marijuana towards the end of 2018 or early next year. However, all that expected cash is causing serious concerns since financial institutions like banks and credit unions are reluctant to offer banking services to cannabis businesses. The reluctance of the banking sector stems from the fact that the federal government still regards marijuana as an illegal substance. Consequently, money laundering and other federal charges could be imposed on any financial institution that does business with a cannabis enterprise (dispensary) that is legal at state level. Ohio expects the…

TuesdayOct 23, 2018 4:20 pm

420 with CNW – New Research Proves that there is More to Marijuana than THC and CBD

There is an assumption among marijuana consumers (for medical or recreational purposes) that the variations in the effects they get from the different cannabis strains are a result of variations in the THC (tetrahydrocannabinol) and CBD (cannabidiol) concentration in those strains. However, a new study has revealed that such a perception may not be a full reflection of what is going on. The University of British Columbia-based researchers studied 33 strains of both Sativa and Indica strains of cannabis and found that there was little variation in their CBD or THC content. However, the different strains varied widely in terms…

TuesdayOct 23, 2018 4:20 am

420 with CNW – Analysts Predict the Medical Cannabis Industry Will Out-Earn the Recreational Market

While the world is still marveling at the bold step that Canada took to legalize recreational marijuana and the resources that the recreational market is likely to command with that legalization, analysts are suggesting that the real money is most likely to be made in the medical cannabis arena. The medical cannabis market is predicted to be worth approximately $50 billion by 2025. This is a huge jump from what the value of the medical cannabis market was in 2017 (just over $8 billion). The huge potential for the medical marijuana takes on a bigger positive outlook when one considers…

MondayOct 22, 2018 4:20 pm

420 with CNW – Alaska Decides to Modify Marijuana Taxes

The state of Alaska has decided to make some changes to the way it taxes marijuana. These changes were prompted by concerns raised by industry players regarding the lack of distinction between different kinds of cannabis buds. The type of bud plays a role in the quality (and the price) of any products that are derived from that bud. The tax authorities haven’t been putting this into consideration, an oversight that made legal cannabis very pricey hence inadvertently promoting the black market. Currently, each ounce of cannabis flower or bud is taxed $50 while trim (the rest of the plant)…

MondayOct 22, 2018 4:20 am

420 with CNW – UK Doctors to Start Prescribing Cannabis in November

Doctors in the UK (Wales, Scotland and England) will soon start prescribing cannabis for their patients who have conditions that can be improved by this substance. This announcement was made by the UK Home Secretary, Sajid Javid. He stated that cannabis would see its status changed from a schedule 1 substance (substances with no therapeutic value but having a high likelihood of being abused) to a schedule 2 controlled substance. That change would allow doctors to prescribe cannabis-products for those patients who would benefit from such derivatives (CBD oil, for example). However, cannabis would still be controlled since its new…

FridayOct 19, 2018 4:20 pm

420 with CNW – A Peek Into Canopy Growth’s Cannabis Manufacturing Facility Just Before Legalization Day

Wednesday (October 17) marked the start of a new era in Canada after recreational cannabis became legal. Canadians waited for this day, but not as eagerly as Canopy Growth, one of the leading cannabis companies in the country. The President and co-CEO of the firm, Mark Zekulin, said that they pulled all the stops, including using every kind of transportation available in Canada (except dog sleds) to ensure that cannabis supplies were distributed to all the retailers who had placed orders from around the country. Zekulin added that the company had been preparing for legalization day for years. That statement…